THE OLD MILL, KENTISBEARE, CULLOMPTON, EX15 2BQ - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OLD MILL is a midsized extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £350,000 in June 2017, which was around 8% above the average June 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

THE OLD MILL Sold Prices

Land registry data shows three sales for THE OLD MILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three THE OLD MILL sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 29 JUN	£350,000	£323,878	8% above HPI
2008 22 APR	£550,000	£282,384	95% above HPI
1999 26 FEB	£170,000	£102,097	67% above HPI

THE OLD MILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three THE OLD MILL sales between February 1999 and June 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2008 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the June 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is THE OLD MILL?

THE OLD MILL is 125m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Kentisbeare, based on EPC data. The below chart shows the distribution of detached houses by size in Kentisbeare, and where THE OLD MILL lies on this distribution: 55% of detached houses are smaller than THE OLD MILL, and 45% of houses are larger. Note that EPC data is not available for all properties in Kentisbeare.

THE OLD MILL: Plot and Title Map

THE OLD MILL sits on a plot of roughly 0.556 of an acre, or 2,249m². The below map shows the location of THE OLD MILL, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE OLD MILL). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE OLD MILL?

THE OLD MILL is located in KENTISBEARE, in the EX15 postcode district. The below map shows the position of THE OLD MILL in KENTISBEARE.